Quote from: Ruttoshi on February 08, 2024, 08:19:17 PM

Quote from: ultrloa on February 08, 2024, 02:02:57 PM

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This is why newbies that wants to start investing in bitcoin. should have a long term goal, and should only use a little amount that he can afford to let go or will not be needing for a long period of time for regular DCA weekly or monthly. This will limit the risk and make him not to worry about hodling for long. If that investor along the line of his bitcoin journey have understand more about bitcoin and have strong faith on bitcoin, he can then increase the money that he was using for DCAing.

Financial advice is very often aimed at Newbies because of their limited knowledge in this industry, newbies must do it slowly according to the funds they are ready to lose. Carrying out regular weekly or monthly DCA is a very profitable strategy in the long term, this type of investment strategy carries very little risk due to the increasing price of Bitcoin. Confidence in Bitcoin can make investors able to hold it longer even if there is a slight correction, assets that have been saved can be maintained by increasing the amount of assets periodically at a slightly cheaper price.

Quote from: Ruttoshi on February 08, 2024, 08:19:17 PM

Quote from: JayJuanGee on February 08, 2024, 06:30:03 PM

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Anyone that cannot discipline himself and sacrifice for the future by not using the opportunity that bitcoins gives now to invest in a long term so that he can hodli, and build his bitcoin portfolio, will live to regret his mistakes in future, when they will see how bitcoin will transform a lot of people lives that was able to sacrifice and hodli till that time. Bitcoin investment is my first investment that I have ever had, this is because it is stress free and you don't need to have any papers or documents, or start moving from one place to the other. Yours is to just invest, grow your investment. and hodli for a very long time, and your profit will keep on generating more profit with timeline. Nobody will know that you have any investment, because it is a not a physical investment. I think it is the most unique amongst all investment, so it is worth investing into.

Discipline, courage and not easily panicking can provide a better future. It is not easy to go through this journey due to the market continuing to fluctuate, Newbies must be patient and increase the courage to endure it longer for the main goal of changing their lives in the future. Bitcoin provides opportunities, only people who dare to make decisions will get these opportunities.
Bitcoin investment has provided many benefits for investors, Bitcoin investors will certainly be safer than saving fiat money at home. No one knows you have Bitcoin as long as you don't tell other people, the best steps to protect yourself and asset security need to be increased to prevent unwanted things from happening.